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Saturday, November 23, 2024

Boone County home valuation prices rose in January compared to the same period in 2023

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Adobe Stock

In January, the median sale price of a home in Boone County rose by $99,000 from the same period in the previous year, while total sales decreased by 8%, according to BlockShopper.com.

Data shows that there were 23 homes sold in January, with a median sale price of $264,000 - a 60% increase over the $165,000 median sale price for the same period of the previous year. There were 25 homes sold in Boone County in January 2023.

For context, the median sales tax in Boone County, based on the latest available data from 2021, was $4,153, which stands at 1.6% of January's median home sale price.

The following histogram displays changes in median sales prices in Boone County from January 2023 to January 2024.

January 2023February 2023March 2023April 2023May 2023June 2023July 2023August 2023September 2023October 2023November 2023December 2023January 2024$165,000$165,000$189,900$189,900$197,450$197,450$219,950$219,950$100,000$100,000$265,000$265,000$235,000$235,000$241,250$241,250$172,500$172,500$187,750$187,750$247,000$247,000$248,000$248,000$264,000$264,000

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